Park Place Finance

Hard Money Loan
Property Types	2-4 Units, Condo, Multi Family, SFR
Lendding Area	NATIONWIDE
Loan amount Minimum	$125,000
Loan amount Maximum	$3,500,000
Interest Rate Minimum	7%
Interest Rate Maximum	11%
Points Minimum 1st TD	1
Points Maximum 1st TD	2
Typical Days Required to Fund	6-10 Business days
Credit Score Min	660
Entities	LLC - Limited Liability Corporation
Lien Position	1st
Reserve Requirement	6 months

Summary of all Guidelines
Loan Types	Bridge Loan, Construction Loan, DSCR Loan, Rehab Loan
Property Types	2-4 Units, SFR
Lendding Area	alabama, arkansas, california, colorado, connecticut, delaware, florida, georgia, hawaii, idaho, illinois, indiana, iowa, kansas, kentucky, louisiana, maine, maryland, massachusetts, michigan, minnesota, mississippi, missouri, montana, nebraska, new-hampshire, new-jersey, new-mexico, new-york, north-carolina, ohio, oklahoma, oregon, pennsylvania, rhode-island, south-carolina, tennessee, texas, utah, vermont, virginia, washington, west-virginia, wisconsin, wyoming
Loan amount Minimum	$125,000
Loan amount Maximum	$3,500,000
Interest Rate Minimum	7%
Interest Rate Maximum	11%
Terms	30 years

Park Place Finance is located in Austin, Texas. They offer financing for Bridge Loans, DSCR Loans, Rehab Loans and Construction Loans. The property type they primarily lend against is SFR and 2-4 Units. Their minimum loan amount is $125,000. Their maximum loan amount is $3,500,000. They offer loans for a minimum Term of 1 year. Maximum duration of 30 years. Although rates can change they are typically lending at a minimum rate of 7%. Maximum interest rate of 11%.

These descriptions are limited information and meant for general reference purposes.